Diploma of Property (Agency Management) - CPP51122

Course Overview

Average Course Fee: $4750

$4750 is the average course fee entered on My Skills by 1 training provider(s).

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Average Course Duration: 1 Year

1 Year is the average course duration entered on My Skills by 1 training provider(s).

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Australian Apprenticeships

This course is available as an Australian Apprenticeship. The fee and duration of an Australian Apprenticeship may differ in each state or territory – view more details.

Description

This qualification reflects the role of property services principals who apply knowledge of property agency and compliance requirements, ethical standards and consumer preferences to establish and control property services functions.

This qualification applies to residential or commercial practice in real estate sales, real estate property management, strata management, business broking, stock and station, or auctioneering. Depending on units selected in the qualification, one of two occupational options may be awarded:

Diploma of Property (Agency Management), or

Diploma of Property (Agency Management – Strata).

Occupational titles include:

Real Estate Agency Principal

Senior Strata Manager

Strata Management Principal

Agency Manager

Agency Director.

Staff who hold this qualification are responsible and accountable for the work of others and are engaged with:

understanding business systems, structures, property agency practices and business entities

understanding legal and ethical frameworks for property agency operations

developing systems, procedures and protocols for managing property agency functions

establishing and controlling trust accounts and property agency business finances

coordinating ethics, risk and consumer protection systems to meet industry legal and customer expectations and requirements

developing and maintaining knowledge of industry trends

developing and maintaining relationships with lessors, tenants, vendors and buyers, buyers’ agents, owners and owners’ agents

establishing and implementing strategic business plans and operational plans

establishing and implementing agency and individual branding

leading and managing people, including recruitment, induction, coaching and mentoring for teams and individuals

managing work health and safety (WHS) risk to ensure a safe working environment in the property services industry.

Licensing, legislative, regulatory or certification requirements

Licensing, legislative, regulatory or certification requirements apply to real estate practices in all states and territories and may apply to strata community management in some states and territories. Relevant state and territory regulatory authorities should be consulted to confirm those requirements.

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Student Outcomes

Students who graduate from VET courses are surveyed approximately 6 months after they have completed their training. For more information on the statistics provided in this section, including the different levels (course, field of education, all fields of education) of data available please select the Learn more button below.

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NOTE: This course is more recent than the latest Student Outcomes Survey.

Satisfied with Training

Percentage of graduates in the Management and Commerce field who were satisfied with the training (Diploma).

Improved Work Status

Percentage of graduates in the Management and Commerce field who started/expanded a business or who have a new job, more highly skilled work, a promotion or higher pay (Diploma).

Salary

The middle of the range of salaries earned by graduates in the Management and Commerce field starting their first ever full-time job after graduating (Diploma).

Jobs

Graduates of the Management and Commerce field (Diploma) are most often employed as:

23.5%

Managers

23.2%

Clerical and Administrative Workers

22.6%

Professionals

Industries

Graduates of the Management and Commerce field (Diploma) are most often employed in:

13.3%

Accommodation and Food Services

12.8%

Health Care and Social Assistance

11.6%

Financial and insurance services

All statistics are supplied by the National Centre for Vocational Education Research.

Financial Assistance

The federal, state and territory governments provide financial incentives and support for vocational education and training students to help them gain the skills required to secure and maintain rewarding and sustainable employment.

There are programs for all kinds of students; apprentices and trainees, new job starters, those re-entering the workforce, retraining for a new job or upgrading their skills for an existing job.

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Subsidised Training

The following highlighted state and territory governments dedicate funds to reduce or, in some cases, fully cover tuition fees for VET students who wish to study this course. Please check with your preferred training provider to see if you are eligible.
Select a state or territory for more information.

VET Student Loans

This course is eligible for a VET Student Loan from the Australian Government to assist students with paying tuition fees. The maximum amount that can be loaned for this course is $11,191.

The initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once the loan recipient starts earning over a certain amount. Compulsory repayment threshold information is available on the Australian Taxation Office (ATO) website.

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Career Information

Career development is the ongoing process of managing your life, learning and work. It involves developing the skills and knowledge that enable you to plan and make informed decisions about your education, training and career choices.

Property Services Career Pathway

Diploma of Property (Agency Management) is in the Management and Commerce Field of Education. For more information about this kind of career, you can explore Property Services .

Stream

Real Estate & Strata Management

Certificate II

Certificate III

Assistant Property Manager

Certificate IV

Diploma

Advanced Diploma

Other courses in this pathway

Stream

Security

Surveying & Spatial Information Services

Waste Management

Cleaning Operations

Pest Management

Fire Protection Equipment/Systems

Building Design, Accessibility & Sustainability

Pool & Spa Services

Note: Information provided as a guide only. Chart developed by the Australian Apprenticeships & Traineeships Information Service (aapathways.com.au). Information in this chart may be reproduced with acknowledgement of its source: "The Australian Apprenticeships & Traineeships Information Service (aapathways.com.au/jpc) funded by the Australian Government Department of Employment and Workplace Relations".

Australian Apprenticeships

Australian Apprenticeships (also known as apprenticeships and traineeships) combine work with training in a nationally recognised qualification. Australian Apprenticeships are available to anyone of working age and offer opportunities to learn new skills and be paid in over 500 different jobs.

This qualification is available as an Australian Apprenticeship in the states and territories highlighted in blue on the map. For more information go to the Australian Apprenticeships Pathways website.

Australian Apprenticeships Pathways

Units & Packaging

To be awarded this qualification, competency in one of the two occupational options must be achieved.

Option 1: Diploma of Property (Agency Management)

For the award of CPP51122 Diploma of Property (Agency Management) competency must be demonstrated in:

12 units of competency:

7 core units

5 elective units.

The elective units must ensure the integrity of the Australian Qualifications Framework (AQF) qualification alignment, contribute to a valid, industry-supported vocational outcome and are to be chosen as follows:

a minimum of 3 elective units must be chosen from the elective units listed in Group B below

up to 2 elective units may be chosen from Group A or another current Diploma or Advanced Diploma Training Package qualification provided they do not duplicate the outcome of another unit chosen for the qualification.

Option 2: Diploma of Property (Agency Management - Strata)

For the award of CPP51122 Diploma of Property (Agency Management - Strata) competency must be demonstrated in:

12 units of competency:

7 core units

all 5 elective units in Group A: Strata specialist electives.

Core units
CPPREP5001	Manage compliance in the property industry
CPPREP5002	Establish and monitor property industry trust account management practices
CPPREP5003	Manage ethical practice in the property industry
CPPREP5004	Manage a safe workplace in the property industry
CPPREP5005	Manage teams in the property industry
CPPREP5006	Manage operational finances in the property industry
CPPREP5007	Develop a strategic business plan in the property industry
Elective units Group A: Strata specialist electives
CPCSUS5002	Develop action plans to retrofit existing buildings for energy efficiency
CPPSCM5001	Manage strata community resilience
CPPSCM5002	Conduct strategic planning for strata community sustainable practices and operation
CPPSCM5003	Manage strata community asset maintenance and defects
CPPSCM5004	Perform strategic financial management of a strata community
Group B: General electives
BSBHRM524	Coordinate workforce plan implementation
BSBHRM528	Coordinate remuneration and employee benefits
BSBHRM612	Contribute to the development of employee and industrial relations strategies
BSBLDR522	Manage people performance
BSBLDR602	Provide leadership across the organisation
BSBMKG543	Plan and interpret market research
BSBMKG552	Design and develop marketing communication plans
BSBOPS502	Manage business operational plans
CPPREP4507	Provide property sustainability information in real estate
CPPREP5008	Market the property agency
CPPREP5009	Develop a marketing and service strategy in real estate
CPPREP5010	Manage customer service activities in the property industry
CPPREP5201	Develop and maintain commercial property market intelligence
CPPREP5311	Develop and maintain rural property market knowledge and intelligence

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USI

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